Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    304 Broadway St Coweta, OK 74429

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    304 Broadway St Coweta, OK 74429

    View on Map
    • Office properties & Spaces
    • 2,430 SF
    • 0.16 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 304 Broadway St

    Year built
    1997
    Lot size
    0.16 lot acres
    Property size
    2,430 SF
    Property type
    Office properties & Spaces

    Description

    This exceptional Coweta, OK investment opportunity combines a 2,430 sq ft office/retail space with a separate rental house on two adjacent lots totaling 0.16 acres. The main building, completely renovated in 2017, boasts a prime downtown location at 304 N Broadway Street, benefiting from high visibility due to significant foot and highway traffic (10,000 daily vehicle count). Its versatile layout is ideal for a variety of businesses. The additional rental property, situated at 113 W Pine Street, provides a consistent stream of supplemental income, enhancing the overall return on investment. This property presents a unique blend of commercial and residential potential, perfectly positioned within a rapidly growing area experiencing significant residential and commercial expansion. The combination of a thriving location and the dual-income streams makes this a compelling investment opportunity for those seeking both immediate returns and long-term growth potential in a dynamic market. The property's modern amenities and strong location make it an attractive proposition for discerning investors. Don't miss this chance to capitalize on the burgeoning growth of Coweta.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Coweta
    County
    Wagoner
    State
    Oklahoma
    Longitude
    -95.6509
    Latitude
    35.9531

    Comparable in this City

    • Value Estimation by Request
      5,640 SF

      10787 Hwy

      Churches & religious facilities • 5,640 SF
      10787 Hwy, Coweta, OK 74429
      View Details
    • Value Estimation by Request
      2,430 SF

      304 Broadway

      Individual retail properties • 2,430 SF
      304 Broadway, Coweta, OK 74429
      View Details
    • Value Estimation by Request
      1,958 SF

      112 Broadway

      OFFICE BUILDING • 1,958 SF
      112 Broadway, Coweta, OK 74429-4100
      View Details
    • Value Estimation by Request
      2,431 SF

      13831 State Hwy 51

      OFFICE BUILDING • 2,431 SF
      13831 State Hwy 51, Coweta, OK 74429-7168
      View Details
    • Value Estimation
      $1,115,000
      9,310 SF

      Coweta, OK 74429

      OFFICE BUILDING • 9,310 SF
      Coweta, OK 74429
      View Details
    • Value Estimation
      $525,000
      4,400 SF

      Coweta, OK 74429

      OFFICE BUILDING • 4,400 SF
      Coweta, OK 74429
      View Details

    Similar Nearby for Sale

    • $2,750,000
      2,828 SF

      Coweta Commercial Property For Sale

      Commercial property with highway frontage near Walmart and the Casino.
      12127 State Highway 51 S, Coweta, OK 74429
      View Details
    • $124,900
      0.32 Acres

      Commercial Lots in Downtown Coweta

      Commercially zoned lots in a high-traffic, convenient location.
      210 E Chestnut St, Coweta, OK 74429
      View Details
    • Contact for pricing
      4,000 SF

      Highway Visible Commercial Building in Coweta

      4,000 sq ft commercial building on 1.10 acres.
      26400 E 111Th St S, Coweta, OK 74429
      View Details
    • $399,900
      10.00 Acres

      Land on Highway 51, Coweta

      10 acres near Muskogee Turnpike, suitable for home, development, business.
      10 E State Highway 51, Coweta, OK 74429
      View Details
    • New
      $50,000
      0.20 Acres

      Residential Lot in Coweta, OK

      Residential lot in the heart of Coweta, Oklahoma.
      310 E Cypress St, Coweta, OK 74429
      View Details
    • $2,900,000
      145.18 Acres

      Land in Coweta, Oklahoma

      145.18 acre land parcel with development potential.
      S 289 Ave, Coweta, OK 74429
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Available For Rent

      Retail spaces available, ranging from 1,200 to 1,600 SqFt.
      11319s State Highway 51 E, Coweta, OK 74429
      View Details
    • Contact for pricing
      2,400 SF

      Retail Endcap with Drive-Thru

      Retail space with drive-thru and existing equipment.
      11319 State Highway 51 S, Coweta, OK 74429
      View Details
    • Contact for pricing

      Commercial Land for Lease

      Land with easy highway access, suitable for flex or storage.
      315 E Oak St, Coweta, OK 74429
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    304 Broadway St
    Coweta, OK 74429
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!